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    955 American Ln Schaumburg, IL 60173

    For Lease
    Contact for pricing

    Schaumburg, IL Class A Office Building

    Lot size:
    177,893 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A office building, located at 955 American Ln, Schaumburg, IL 60173, presents a unique opportunity. The 177,893 square foot, four-story building, constructed in 1999 and renovated in 2009, sits on 12.73 acres of land. Currently, the entire building is available for lease, offering flexible space options ranging from 40,000 to 177,893 contiguous square feet. The property boasts a 9-foot ceiling height, ample parking with 1250 spaces, and convenient access to major transportation routes via its location in the FAR NORTHWEST SUBURBAN COOK submarket, close to O'Hare International Airport. Building amenities include a fitness center and cafeteria, shared with an adjacent building via a connecting structure. The property features 2500 amp power and elevators, and is zoned B3. The building's condominium ownership structure provides shared interest in common areas, including the parking garage. This is an ideal location for businesses seeking a prestigious and well-equipped office space in a thriving suburban area. The property's APN is 07-14-200-085-1001. The building has four suites in total.

    Property Features for 955 American Ln

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    177,893 SF
    Class
    A

    Building Details

    Year Built/Renovated
    1999/2009
    Buildings
    1
    Stories
    4

    Unit(s) available at that property

    Space
    Floor 1
    Size
    40,000 SF
    Space
    Floor 2
    Size
    40,000 SF
    Space
    Floor 3
    Size
    40,000 SF
    Space
    Floor 4
    Size
    40,000 SF

    HighLights

    • Covered parking garage.
    • Third‑floor rooftop patio with city views.
    • Lakefront walking/jogging path.
    • Fitness center with locker rooms and showers.
    • Sand volleyball court.
    • Full‑service cafeteria.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Experian Bank Experian Automotive Information Services Free Credit Report Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0551042
    Latitude
    42.0470709

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    FAQs

    What type of property is this?
    Office space - Schaumburg, IL Class A Office Building
    Where is this office space located?
    The property is located at 955 American Ln Schaumburg, IL.
    What are key features of this property?
    This property features: Covered parking garage.; Third-floor rooftop patio with city views.; Lakefront walking/jogging path.
    Request Owner's contact information
    955 American Ln Schaumburg, IL 60173
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    Schaumburg, IL 60173
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    955 American Ln Schaumburg, IL 60173
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